Philippines pay $100 per pig slaughtered

The Philippine government has increased the amount backyard farmers receive per pig slaughtered (as a result of the African swine fever outbreak) from $60 to $100. In addition, the virus ensures that pig prices in Vietnam are at the highest level in 3 years.

The authorities on the Philippines have decided to increase the amount that 'backyard farmers' (the small-scale, unregistered pig farmers) receive to $100 per pig to be slaughtered for African swine fever. Previously, this amount was $60 per pig slaughtered. In addition, the government reports that the provinces of Bulacan and Pampanga are being quarantined. This means that all transport (both pigs and meat) must be checked.

Vietnamese pig price continues to rise
African swine fever outbreaks lead to it Vietnam that the pig price is now at the highest level in 3 years. Between October 8 and 10, the pig price rose from $2,58 per kilo to $3,02 per kilo. Converted to euros, this is an increase from €2,32 per kilo to €2,72 per kilo. Consumers are also noticing the price increase, because the price in supermarkets has risen by $0,65 to $0,86 per kilo in recent weeks.

The Ministry of Agriculture in Vietnam says it has foreseen this move and is now working hard on a solution. This is because it is expected that prices will continue to rise. In order to temper the price increase of pork, it wants to import more pork and increase the production of other types of meat.

Kimberly Baker

Kimberly Bakker is an all-round editor at Boerenbusiness. She also has an eye for the social media channels of Boerenbusiness.

k.baker @boerenbusiness. Nl

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